D-8 Preferential Trade Agreement: Rules of Origin and Customs Duties
- CCS
- Dec 9, 2023
- 2 min read
This Order [P.U. (A) 291/2023 gazetted on 29 September 2023] pertains to the Customs Duties regulations under the Preferential Trade Agreement (PTA) among the D-8 Member States.
In this Order—
“Contracting Member” means any state which is a party to the Prefential Trade Agreement among the D-8 Member States;
“D-8 Member States” means the countries of Bangladesh, Indonesia, Iran, Malaysia, Egypt, Nigeria, Pakistan and Turkiye; and
“Preferential Trade Agreement” means an agreement among D-8 Member States signed at Bali, Indonesia on 13 May 2006.
It includes:
Rules and Criteria: It sets forth the rules and criteria for determining the origin of products to establish eligibility for preferential treatment under the agreement.
Preferential Treatment: It specifies the import duties for goods originating from certain member states, aiming to facilitate trade by offering reduced tariffs.
Definitions and Interpretations: The Order provides definitions and interpretations of terms used within the agreement.
Revocation of Previous Order: It revokes a prior Customs Duties Order from 2013, indicating an update or change in the regulations.
Certificates of Origin: It outlines the procedures for obtaining a D-8 Certificate of Origin, which is necessary for exporters to benefit from the preferential treatment. This includes issuance, validity, submission, verification, and provisions for retrospective issuance and duplicates.
Operational Certification Procedures: The Order details the operational certification procedures for the issuance of D-8 Certificates of Origin.
Dispute Settlement and Penalties: It covers dispute settlement mechanisms and penalties for providing incorrect information.
Goods in Transit and Storage: It includes procedures for goods that are in transit or storage.
Free Zones and Indirect Materials: The Order addresses rules for free zones and the treatment of indirect materials.
Review and Modification: It allows for the review and modification of the rules.
Import Duty Rates: It provides a detailed list of import duty rates for a wide range of goods, including but not limited to rubber, wood, leather, household appliances, electrical machinery, and various other products. The rates vary from 0% to 25% based on the item and its classification.
Verification Guidelines: Instructions and guidelines for the verification of certificates of origin are included.
Abbreviations and Symbols: The Order lists abbreviations and symbols used for ease of reference.
Overall, this Order serves as a comprehensive guide for the implementation of the D-8 PTA, detailing the administrative processes and tariff rates applicable to trade among the member states.
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